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citizens and u.s.ersonnel. although the obama administration to them a clear there would prefer that i use a different wordd here is state department spokesperson quibbli with the press over the use of the word evacuate and insist the teeseven system and is planning with the obama administration sees on a cigna -- as a significant of its maturing in ecuation and with the adnistration is now calling and ordered departure. >> cl with the use of the word evacuate. >> it's a technical term. >> is it? i think it is i nontechnical term. ordered departure is the technical term. so if you -- >> if y look up in the dictionary definition. >> what would you call if you are suddenly told you have to leave and a plan is flawed man. forced to get on and leave. >> and ordered departure. lou: the etymological nonsense did not end there. keep all the warnings to american citizens not to travel to yemen and to those there to leave immediately to the nothing more than a travel advisory and the obama administration shows to update it this very morning. declaring that advisory has been in effect for 11 years,
the obama care act. >> they should be willing to defund it. >> i oppose obama care. >> you can't really de-fund obama care. >> in de-funding obama care. >> please, stop obama care. >> cruz has found kind of a niche. >> attack on john boehner from the far right. >> john boehner is in a pretty tough spot. >> sympathy for john boehner. >> or else they will start to call it john boehner care. >> fire, egypt, immigration, the debt. >> there must be a response. >> our borders are now better staffed and better protected. >> the fire is now 20% contained. >> it is not easy being the president. >> john boehner and the house republican leadership have been clearly sending the message that they are not willing to shut down the government at the end of september in order to force the president to agree to de-fund obama care. the message is simple and clear. that will not work. we can't force the president to go along with de-funding obama care. that message? simple enough has enraged some of their tea party friends and right wing radio talk show hosts. >> the republican leadership, that would be boehn
obama has asked the defense department to prepare options for all contingencies. we have done that. and again, we are prepared to exercise whatever option, if he decides to employ one of those options. >> we have two reports on these new developments. nbc news's kristen welker and amaa reporter also. >>> what's the latest and what are the options being considered. >> reporter: the white house, you're absolutely right, saying there's little doubt that chemical weapons were being used by the assad regime. they're reacting to the fact that the syrian government will let u.n. inspectors into the alleged site of the chemical weapons attack. the white house expressing concern that it could be too little too late. they say that area has been shelled for five straight days. here's a statement from the administration, an administration official, that we just got this morning. this avenue says, quote, at this juncture, any belated decision by the regime to gran access would be considered to late to be credible including because the evidence available has been significantly corrupted as a res
president obama first call for the syrian president to go to although today white house officials declared the objective of any possible military action is not to drive the dictator from power. >> what we are considering -- considering is not about regime change responding to clear violation of the international standard that prohibits the use of chemical weapons. >> leading republicans to demand what the mission is. >> i hope it is not putting in some cruise missiles. he interoffice railing against the unilateralism against bush and cheney as the boston globe gave written questions one focused if the president could call my rig without authorization from congress. senator obama said the president does not have power under the constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation. >> candidate obama said in actual or imminent threat. do believe that exist right now to the united states? >> i believe absolutely allowing the use of chemical weapons on a significant scale to take place, without a respo
increases even before there was such a thing as obama care. if you look at the specific fees cited by u.p.s. as a reason for dropping them they are a pittance compared to what the rise in health care has been. it raises the question to me just because the possibility, because they are saying it's because obama care, maybe it's an opportunity for the company to save some money and pin it on something controversial. >> we should consider that this sort of thing should have been anticipated and very easy to blame the companies but in fact the policy may be flawed. a lot of companies, large franchise companies saying that their franchisees will most likely once obama care kicks in reduce flows fewer hours because of the health care costs. you would think when they were planning -- when they were planning for this they would have anticipated these sorts of things. there's this poll in july that the "wall street journal" did, the commission showed 47% of the american people is against obama care at this point. support for obama care is down to 34%. then these stories come out. you get the sen
over to wolf blitzer in "the situation room." >> happening now, president obama strongly defends government surveillance but says he'll work to protect privacy rights. and a possible u.s. government shutdown. we have it all covered for you this hour. >> the hunt for the california amber alert suspect and the 16-year-old girl he may be holding captive moves to the idaho wilderness after horseback riders report a possible sight ing. >> and the great white sharks, imagine pulling one on to your boat. that's what some researchers are trying to do. i'm wolf blitzer. you're in "the situation room." we begin this hour with president obama. he says america is not interested in spying on ordinary people. following leaks revealing massive government snooping programs, he says he's acting to boost confidence in national security, surveillance, working with congress to make it more transparent. >> i'm going to be pushing the i.c. to do, rather than have a trunk come out here and a leg come out here and a tail come out there, let's just put the whole elephant out there so we can see what's wo
at columbus. and the author of "the price of ticket, barack obama and the rise and fall of politics." and eleanor norton, who was one of the organizers of the march. and she was there today. in the face of this collective wisdom on this subject i am going to bow in humility, and not presume anything. i would like to invite each of you to react to this day and to this day 50 years ago, beginning with eleanor holmes norton, the only one who was present at both. >> 50 years ago, we were trying to make sure that the president of the united states was with us. he was our ally, but he discouraged the march. to be sure, he was so moved by the march, that afterwards he embraced the march and introduced a bill that would later become the 1964 civil rights act. now, here we have three presidents. that in itself speaks to the success of the march. but this was a terrible challenge to present to the three living presidents. of the three, it seems to me that jimmy carter found his role and function, leaving aside the fact that he was the one that understood the irony of being in washington where
obama's flip-floping? this president is knew eve and clearly is learning on the job? what would president reagan do or president bush? i don't think we should be going into syria more than miley cyrus changing positions on the vmas him we need more proof before we kill more people. what say you? >> i say the evidence is pretty clear, one, two. i think that may have been one of the most biassed openings you have ever done. three he has consulted with congress. he has to get the allies on board. the french are going to do it unilaterally. they won't try to take it to their elected officials. i think we got more power to do it. it gives the president enough flexibility to do it. flip-flop, he said it every time he said it. it's a red line, when they do something, we'll do something. >> you have to go to congress. >> he has been doing that. >> it's their war. >> he has been doing it? >> he has been consulting to congress, yeah. >> you have to go to congress to get a declaration. >> absolutely. >> or if the country poses imminent threat. what's the imminent threat? >> reagan didn't g
barack obama was born, to go on the freedom ride, black people and white people couldn't be seated on a bus or a train together to travel through the south. so can our children grow up and eir children grow up, they will not see those signs. the only place that they would see those signs would be in a book, in a museum, or on a video. >> do you see some of the same trappings of resentment and fear in our modern-day politics? is that what you're warning of when you see some of those forces coming back? >> well, i think there is some forces want to create this sense of fear. they think the country is moving too fast or maybe becoming too progressive. the country is not the same country. people coming together. and in a short time, the minority will be the majority. >> is there backlash that comes with that in your judgment? >> well, i think, as americans, we must be prepared to make the adjustment and not be afraid. be courageous. be embracive. embrace a change. >> as you look at dr. king's message 50 years ago and we remember that it was a march on washington for jobs and freedom, o
obama do we need some special i.d.? >> bill: why is it the civil rights industry talking about black-on-black crime. we will tell you you tonight. i too want to tell everyone that i'm sorry that this happened. >> bill: george zimmerman wants the state of florida to pay some of his legal bills. outrageous or justified? is it legal will testify us. caution. you are about to enter the no spin zone. the factor begins right now. >> bill: hi, i'm boiler. thanks for watching us tonight. what president obama should do about syria. that is the subject of this evening's talking points memo. this man, syrian dictator bashar al assad is a war criminal, a mass murderer and a baby killer. by using poison gas on syrian civilians which is against the geneva convention, asatisfied is now responsible for thousands of injuries and hundreds of deaths. according to the humanitarian group, doctors without borders. so there is no question that assad must be held accountable. if you believe in american exceptionalism that this country has a moral obligation to save lives when it can all over the world, then
" tonight, president obama makes his case for war. >> today we released our unclassified assessment detailing with high confidence that the syrian regime carried out a chemical weapons attack that killed well over 1,000 people including hundreds of children. this follows the horrific images that shocked us all. >> cnn has obtained new images the aftermath of another alleged chemical weapons attack in syria. and we want to warn you the video is very disturbing. seven people died and dozens were injured in the alleged attack on a school in northern syria. a doctor at a local hospital said, quote, it's like they used chemicals like napalm or something. many of the victims were covered in burns. cnn has not been able to independently confirm what happened there. cnn's senior white house correspondent jim acosta joins us now with all the latest from there. hi, jim. i know you've been working the story furiously. today the administration released its declassified intelligence assessment, its case for an attack, so what is the president's evidence? >> reporter: well, jessica, i can tell yo
% of those surveyed say president obama's recent economic speeches offer nothing new. result of that? 52% of that say they disapprove of the job president obama is doing, and get this, 74% say we rely too much on the government, food stamps, welfare, saying it's too easy to get government handouts. new polls. the numbers suggest the country has a negative view of the president's performance, and his economic agenda. however, investors clearly do not have a negative view of tesla, the electric car company. they sold more cars than all the oh-so-clever analysts expected, and tesla is expanding with a backlog of orders, and look at this, the stock up big, 10-12% of the opening bell. it's not the only stock up. a higher open in a couple minutes, but firsts though, there's this. three winning powerball tickets sold, two in new jersey, one in minnesota. they will split a $448 million jackpot, no identity on the winners yet, but one thing's for sure. they all pay a huge chunk of the prize up front in tax. more on that later in the hourment i'm going to call government lotteries a lousy deal. sh
. bye. "newsroom" starts now. >>> happening now in "newsroom" abandoning obama and the solo strike. >> for the president to act without authorization. >> a coalition crumbles and allies ditch america. >> the president is going to have to make his case. >> i do believe we have to do something. >> will the u.s. go it alone? >>> also, od'ing on tylenol? 80,000 americans sent to the e.r. each year. ahead what the company is doing about it. >>> plus, settled. >> i think it's a good day for thousands of football players who are dealing with different afflictions. >> 700 million plus dollars. compensation for concussions. >> they're almost certainly going to be able to eliminate any future lawsuit. >>> and you can have your pot and smoke it, too. the feds will now let states decide on pot. >> i love seattle, washington, rocks. >> colorado, washington. >> they call it wake and bake. some wake up every morning. ♪ light up. you're live in the cnn "newsroom." >>> more on the doj pot decision a little later. good morning to you, i'm carol costello. first up, syria. president obama reaches ou
expects, quote, president obama understands that the brits can not now join in any military attack. >> i haven't spoken to him since the debate and the vote but i would expect to speak to him over the next day or some i don't think it's a question of having to apologize. >> reporter: after the u.k. parliament vote a spokesperson for the president's national security council put out a statement saying quote, the u.s. will continue to consult with the u.k. government, one of our closest allies and friends. as we have said president obama's decision-making will be guided by what is in the best interests of the united states. but french president francois hollande says whether or not the brits are involved he supports taking quote, firm action against syria and that includes a possible military strike. bill? bill: molly, will the president ask congress for authority? or what, how is the white house addressing that very issue? >> reporter: the white house says the president has been consulting with a number of members of congress but there's no indication the president intends to wait for a v
this year, according to the household survey, and barely 170,000 full-time jobs. so what obama care and the weak economy have done is shift employment into bottom of the barrel low wage part-time employment so the claims are low because there are tons of part-time jobs out there -- >> the data point we got today that looked so good isn't so good. >> because the world has changed around us, thanks to the obama administration and other structural weaknesses. that's why walmart and macy's are showing such rotten results. the consumer's very weak even though we are seeing a lot of employment because it's extremely low grade employment. you can't have a consumer boom without macy's and walmart participating. you can't have a capital spending improvement without cisco improving. we still have an extremely weak economy, very poor revenues in the s & p, very weak profit growth and the likelihood -- >> why is the fed talking about taking their foot off the pedal? >> as greenspan said, you have to taper at some point, whether or not the economy is strong or not. you can't keep up this bond bu
the question, can the u.s. and prausesident oa go it alone? >> president obama makes his case for action in syria, this crisis in syria. >> president obama laid down his thoughts. however, congress right now very reluctant. >> many members of congress are not on board. >> some members are calling on congress. >> 116 congress members. >> the american representatives need to be a part of that discussion. >> we do need to see some approve. >> this whole debate is contaminated by the legacy of iraq. >> i am deeply mindful. >> british lawmakers are pumping the brakes, as well. >> the well of public opinion was well and truly poisoned by the iraq episode. >> because of iraq. >> the ground war is under way. those weapons of mass destruction have to be somewhere. >> this is not like iraq. >> there is a broad consensus here. >> i have no interest in any kind of open-ended conflict in syria. >> while washington is not talking about regime change, the syrian rebels certainly are. >> first and foremost to the american public, we do need to see proof. >> what would the legal justification be? >> what
as president obama. >> yeah, joe. david cameron really shocked because it was defections within his own party that caused ta defeat and if president obama decides to take action against the assad regime it appears he will be doing so without the support of our two strongest european allies. after an eight-hour debate the british parliament voted to reject a limited strike against syria. >> why is it that our allies in the middle east like saudi emirates, qatar, kuwait and others, cannot take military action, why does it fall on us yet again? >> put simply, is it in britain's national interest to maintain an international taboo about the use of chemical weapons on the battlefield, my argument is question it is. >> i take a question from the scottish national party. >> does he know if there are any plans over the last few days for any military action before next week, planned at all against syria? >> i obviously can't discuss the details of potential action in detail in front of this house, but i can tell the house that american president and i have had discussions that have been reported in th
at the white house with the latest. what's going on, jim? >> reporter: >> reporter: wolf, president obama did not touch on the situation at the lincoln memorial, though he did address some domestic political issues. it was a brief diversion for the president, who is facing one of the biggest foreign policy challenges during his second term, if only he can overcome some major diplomatic hurdles. as the u.s. moved closer to military action, president obama interrupted his deliberation over syria to mark an historic milestone, the 50th anniversary of martin luter king's "i have a dream" speech. the words belonged to the ages. >> unmatched in our time. >> reporter: it was one of the only few public appearances for the president, who has little time to spend away from the white house. any decision to strike syria over the alleged use of chemical weapons is growing more complicated by the day. over at the u.n., syria's ambassador sounded the alarm and accused rebels of launching their own gas attacks. >> we are in a state of war, preparing for the worst scenario. >> accusing russia of blocking u.n.
. don't we love him for it? thank you so much. no pow wow with putin. president obama has yet to sit down with the president while attending the g20 summit in the country. a california city testing a fix for underwater mortgages, imminent domain. you can't make it up. it's a battle royale with the banks landing in court. medical information exposed. the rush to implement obamacare put sensitive records at risk. see it to believe it. the manning brothers rapping their way through a new commercial for direct tv. literally rapping. ridiculous. we'll show it to you anyway. all that and so much more this hour on "markets now." ♪ >> stocks down, worrying about a pull back from the federal reserve. is this what the month will be like? adam, answer me that. >> there's been a lot of people who have been talking about a four to 8% pull back, a correction. who is winning and losing? the s&p down ten points, dow down 70 points, but leading the charge on the dow, at least some to the positive. united technologies, chevron, merck, they are up now, but the big losers on the dow this morning, disn
, regulations running rampant. president obama using regulations as the strong arm for is a ministration. the amount of regulatory rules finalized in his first term lag behind that of president george w. bush's first term with nearly 12% fewer rules. president obama's rahman comes with a heavy price tag. 186 of his roles finalize his first term were deemed economically significant. that means that each rules annual economic impact is more than $100 million. the cost which blows the '81 economically significant roles in of the water. with more on this, editorial board member of the wall street journal. thank you for being with this. the count the shows the presence of oz first term had fewer regulations. it's askew. there are time coming up that just aren't quite final. >> that's exactly right. those to make a loss to the amount of regulatory burde you're talking about thousands or perhaps even tens of thousands of new pages of regulations. those are the big when it comes to new regulations, let's not forget, the climate change agenda, the apa. this is the fact that will be defined not by
cancelinging president obama's planned bilateral talks with his russian counterpart. president obama and vladimir putin were expected to sit down and discuss, among other things, syria's ongoing civil war. the kremlin said it is disappointed by the cancellation. the decision reportedly unanimous by the president's national security team. the icy standoff rekindles a debate between mitt romney and president obama during the 2012 campaign. >> this is to russia that this is, without question, our number one geopolitical foe. they fight every cause for the world's worst actors. the idea that he has more flexibility in mind for russia is very, very troubling, indeed. >> governor romney, i'm glad that you recognize that al qaeda is a threat because a few months ago when you were asked what's the biggest geopolitical threat facing america, you said russia. not al qaeda. in the 1980s are now calling to ask for their foreign policy back because the cold war has been over for 20 years. >> white house -- >> boy, that's a cute line. it's just so dead wrong. it's not even funny. and every single
was gaining momentum, there are now new calls for caution. dozens of u.s. lawmakers want president obama to seek formal authorization from congress before an attack. congressional leaders will be briefed by the administration during the next hour. britain's prime minister is facing parliamentary resistance to a strike in an emergency session of the house of commons. they're meeting right now. and france wants to wait until u.n. inspectors finish their job. let's begin our coverage with our senior white house correspondent jim acosta. jim, have things over there hit a snag? >> wolf, you will not hear that publicly from white house officials who say they remain on what they call a compressed time frame for delivering a response to syria and they say intelligence assessment backing up that action will be delivered to the public as soon as today. in the face of more questions from congress and key u.s. allies, the obama administration says it's determined to send what it calls an unambiguous signal, not just to syrian leader bashar al assad but to the world. >> it's also important for our to
the question we must all be asking is what will we do? let me emphasize, president obama, we in the united states, we believe in the united nations and we have great respect for the brave inspectors who in toward regime, gunfire and obstructions to their investigation, but as the secretary general has said again and again, the u.n. investigation will not affirm who use these chemical weapons. that is not the mandate of the u.n. investigation. they will only of term whether such weapons were used. by the definition of their own mandate, the un can't tell us anything that we haven't shared with you this afternoon or that we don't already know. and because of the guaranteed russian obstructionism of any action through the urine -- the un security council the un cannot galvanize the world to act as it should. so let me be clear, we will continue talking to the congress, talking to our allies and most importantly talking to the american people. president obama will ensure that the united states of america makes our own decisions on our own time line is based on our values and our interests. we
room." >>> john, thanks very much. happening now, breaking news, the obama administration taking its strongest stance yet against syria. the secretary of state, john kerry, making it clear he has no doubt chemical weapons were used and there must be accountability. also, desperate efforts under way right now to save yosemite national park from an historic wildfire that's already scorched an area the size of chicago. and a rare interview with the oldest justice on the u.s. supreme court. why ruth bader ginsburg said this court is, quote, one of the most activist courts in history. i'm wolf blitzer. you're in "the situation room." >>> indiscriminate slaughter of civilians, the killing of women and children, innocent bystanders by chemical weapons is a moral obscenity. >> jarring words by secretary of state john kerry. the white house says there is very little doubt the syrian regime is responsible for that attack and president obama is now evaluating how the united states plans to respond. it all comes on the same day u.n. inspectors, despite sniper fire, managed to visit one of the ar
] lasting freshness. >> let's kick off the show with breaking news. the ap reports that president obama is canceling his meeting with russian president putin over tensions because of the nsa leaker edward snowden. russia granted snowden one year temporary asylum last week. we didn't like it, the meeting off. let's get the policy, president obama's plan to keep the hougs recovery going, here it is, winding down the role of fannie and freddie and give private banks a bigger role in lending. he wants more loans for credit buyers and exert more control over the bank telling them what to do. if things go wrong, the taxpayer will still have to back the housing industry. social engineering like we had ten years ago, yes, say the critics. others support it. but remember this, do you remember this from a few weeks back, the government is using census data for a fair housing rule. they're making a racial map of every neighborhood in america, grabbing demographic data to make sure there is no inequality. special engineering and housing back at the top of the president's agenda. let's get to the ma
's the memo. next on the rundown, juan williams will respond and then karl rove on what president obama should do about the human rights violations in syria. the factor will be right back. the humble back seat. we believe it can be the most valuable real estate on earth. ♪ that's why we designed the subaru forester from the back seat forward. signed, responsibly built, completely restyled subaru forester. love. it's what makes a subaru, a subaru. if you have high cholesterol, here's some information that may be worth looking into. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. getting to goal is important, especially if you have high cholesterol plus any of these risk factors because you could be at increased risk for plaque buildup in your arteries over time. and that's why when diet and exercise alone aren't enough to lower cholesterol i prescribe crestor. [ female announr ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about othe
and information to prepare. president obama does not need the approval of congress to strike. he may want to consult congress. president does not need to go to congress and less he really wants a declaration of war or it will be a prolonged military operation. connell: they basically tipped their hands and some ways but what they want to do in syria. what does that tell you about the goals and what does it tell you about what it would like to accomplish? >> it tells us this is more about pageantry. we are not seeing a real strategy, not a military strategy, not even an object this. which fashion do we want to prevail in syria? it seems like the obama administration has gotten tired of the chorus. connell: it brings us to another point. what are the ramifications of that action? we talk about the economy and how it affects the financial market. israel certainly is concerned. is there this element of cyber warfare? you basically called it saying this army would either retaliate or get out ahead of it. will we see more of this? >> i would expect to see that. assad has a tremendously capable
years by the clinton state department and the obama white house, and i do concede that it's a complicated situation. neil: now, i know, secretary, we're not into regime change and that whether this is the obama administration's way saying we're not doing wha bush, rumsfeld, and cheney did. you know the line. we're going to keep the guy in power. it's not about taking him out of power. it's about defanging him. let's say he takes the chemical weapons away, secretary. he still has guns, has tanks, has the power to kill his people, all be it not with chemicals, so, for what? >> caller: neil, he's estimated to have killed close to a hundred thousands syria people before the use of chemical weapons. neil: exactly right. >> caller: if this is a humanitarian mission, what's interesting, seems to me, is that we -- there has not been any indication from the administration as to what our national interest is with respect to this particular situation. if you think of what's really important in that region, it is two things. it's iran's nuclear program and the relationship between ira
obama says he hasn't decided exactly what to do. good morning, everyone. word of the day, delay. in an interview on pbs, president obama talked about a shot across the bows, a limited targeted strike. the united nations rejects military action. congress wants to be consulted. the brits say, it's like iraq all over again. so, wait till the u.n. inspectors confirm a gas attack. delays. over here, no delay for a gas price hike, it's started already. oil still priced at $109 a barrel and stocks will open dead flat. what will be the impact of this? the economy expanded at an annual rate of 2 1/2% between april and june. that's better than first reported. but come on, everybody, get used to the new normal. "varney & company" is about to begin. the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions
. waiting to address congress on this issue, 6:00 tonight when obama administration officials will brief congress about the intelligence and perhaps what it plans on doing from here. the administration says this week it will make public intelligence they have showing the syrian regime used chemical weapons but when you talk about the impending action may be taking place, you have the president of the united states and across the ocean the prime minister of britain both selling intervention. >> we said stop doing this, that can have a positive impact on our national security over the long term. may have a positive impact on chemical weapons not used again on innocent civilians. >> it is this house that will survive what steps we next take if you agree to the motion i have set down, no action can be taken until we heard from the u.n. weapons inspectors and there has been further action at the united nations and another vote in this house. those of the conditions that we the british government, the british parliament are setting, and it is absolutely right that we do so. rich: the british p
to cover every angel of it beginning with dana >>> top obama officials insisted to lawmakers on the thursday night conference call they have no doubt ba sar assad's regime in syria was behind deadly chemical attacks there. secretaries of state, defense and others backed that up by revealing to lawmakers that the u.s. intercepted communications from a high level syrian official, which clearly indicates they were responsible for these weapons, that according to congressman el yol engel who participated in the call. though obama insists no decisions have been made, cnn is also told they privately made clear to lawmakers that chemical weapons in syria is such a threat the u.s. could engage with or without support from great britain. bob corker emerged from briefings thursday announcing support for surgical proportional military strikes, given the evidence of continued use of chemical warfare. bob menendez reaffirmed his support saying a decisive and consequential u.s. response is justified and warranted. . others argued the president still has to come before congress and the amer
secretary of defense kitty mcfarlane joining us to talk about what president obama should do about it now. ashley: home prices omri's the the kissel report is a look in the rear view mirror. what does it mean in the keys of rising interest rates? lori: the above administration's economic team, charlie gasparino's exclusive reporting and who could be next to join the lineup. dennis: is not your father's would remark and was your father's it senior chinese communnst official or russian oligarchic. a new brand of luxury emerge in as global wealth disperses to less than 1%. cheryl: sandra smith is at the cme has oil jumps 3%. let's begin with lauren simonetti at the stock exchange where the dow is down big. lori: near session lows, 3 points away, the stock is intensifying as we get later into this session. we get economic data, it wasn't terrible on home prices and consumer confidence but nonetheless syria being the main headline this is what investors are focused on. is not the only culprit to the. we can't forget the debt ceiling, the fed pays back, all these are painting a picture is that
in a meeting with president obama talking about the nsa and your privacy. and harkening back to a time when this dude, kevin costner, was starring in "the untouchables." and who wants these guys, blackberry wants to go private may be. the idea is catching fire. the matter of who wants to put the money down on this troubled cell phone company. and a quick fix for unemployment, energy, people. how we can get americans back to work and solve the energy problems in one swoop. that and so much more on this hour of "markets now." ♪ dagen: so i did not fall and bust my you know what trying to sit down at the top of every show, so it has been a good week. let's start this hour with market stocks on track for another losing day. snapping the three-day winning streak yesterday, but heading south. nicole petallides at the new york stock exchange. nicole: it has been a good week. i will celebrate with you. a successful week. i look at what we see on wall street down half of 1%. 15,422. a loss of about 82 points. we did snap the losing streak since yesterday. however still remains a losing week on wal
.com charles: news alert, another hit for the president. the new york times reporting the obama administration delayed another provision of obamacare dealing with consumer protection that would be out of pocket costs people have to spend on health care. and:00 a.m. jim demint will join us pushing for a vote on obamacare and we will get his reaction at the top of the hour. explosive new video of lois lerner may be the smoking gun that plant's the irs skip kendall squarely in washington. she is talking about political pressure to put the irs to stop the flood of money pouring into the 2010 election. listen to this. >> overturning 100-year-old precedent that says appropriations for the whole thing and they don't like it -- charles: democrats maintaining the party line. and op-ed in the washington post democratic congressman steven and eli's the cummingsssaid there's no evidence political motivation or white house involvement. this video looks like a smoking gun. >> thought that the senator is saying this when he sent a letter on homeland security letter head, senatorial letter head to irs commiss
not know already. is it enough to move? >> i think at this point it is pretty clear that all that obama can count on is the french. at least the head of the country is with them. i think he really needs to convince our own people of the need for this. this request is really more about 2003 in iraq and 2011 in libya. the congress does not want to be cut out of this decision. connell: they had a real big argument over it. >> it is not clear what is going to happen. we have a lot of democrats and republicans saying we do not want to be committed to a military action whose strategy and consequences at this point cannot be foreseen. connell: i do not know if it is a tough spot, but the president backed himself into a corner. it seems as though action is necessary. there is no turning back at this point. >> i think that is absolute crap. the idea that the president, to bolster his personal credibility would stab our military to attack another country. there is no imminent threat to america. there is no reason not to consult congress. obama is doing the same things that he criticized bush for. bus
another gas attack. >> and you find low public support, you find low congressional support. and obama is going to need to contend with. there hasn't been a clear articulation of what we're going to achieve and how we're going to do it. i think once someone stands up and does that, then you can test the support that you'll get. >> michael, thanks for that reasoned analysis. we appreciate it. getting up early, though he's on the east coast. >> thank you. >> that was most recent analysis i've heard in a long time about having an objective as opposed to just sending a signal. >> largely symbolic. >> it feels like we have been forced into it. we'll have mccain on. he's railing against general dempsey, who says, you know, said let's show much reticence to do anything that it emboldens -- in his view, emboldened these guys. all right, coming up, how twitter is learning from some of facebook's ipo mistakes. first, as we head to break, let's check on the national forecast with the weather channel's alex wallace. >> good morning to you. good morning, we're tracking some showers moving from the
kelliy. the obama administration is weighing the options on the possibility of a military strike to punish syria's reportedous of chemical weapons. congressional leaders are expected to be briefed on the situation later today. recently as two daysing on, it appeared that the u.s. and allies were ready to act at and moment. but today world powers are walking back suggesting that a military strike is imminent. british prime minister cameron said it is unthinkable to support a strike if there is strong opposition in the un. they argue that the political solution can only happen if there is a stop in the escalation of violence. israel is bracing for a worst- case scenario. they are deployed to maintain order as this happeneds of people get gas masks and protective kits. israel called up reservist and deployed missile defense bat row with syria and iran striking for any western military action. reporting live from the mideast bureau. hello, leland. >> there is growing fores that the longer the war of words goes on the worse the war will be. especially as iran and syria are making thre
as the drumbeat to war with syria gets louder. wall street suffered its worst day since june as the obama administration clearly laid the groundwork for a possible military strike on syria. >> there's no doubt who is responsible for this heinous use of chemical weapons in syria. the syrian regime. the president believes and i believe that those who use chemical weapons against defenseless men, women and children should and must be held accountable. >> market analyst todd schoenberger is "outfront" with us tonight. thank you for being here. how much of this market drop had to do with what you heard from the vice president and the president and the administration about oil in the region? >> quite a bit because it's a grave concern for everybody at wall street. it was top of mind when we heard about it from biden but now when we're hearing about the war drums that are beating today and we can only anticipate that president obama will be making a decision, probably by tomorrow and even by thursday, clearly there's a lot of uncertainty tonight on wall street. >> looking ahead how high do you t
days that country has seen in years. president obama calling for calm. trending downward, not just the market, but the president's approval rating on the economy flipping to 35% last month. seven percentage points lower than june. detroit emergency manager apologizing after calling some of the city residents those names. and the nfl hit with another concussion lawsuit. 83 former players led by pro-bowlers. they say they are suffering long-term effects from brain injuries sustained during their playing days. and we're watching the market this hour of "markets now." ♪ connell: those headlines show you there is a lot going on-9 today. we will get to the mess in egypt in just a moment, but first, our market today with the selloff, seeing the biggest decline in a couple of months. nicole petallides starts us off on the floor of the new york stock exchange. nicole: you are absolutely right. the lowest point, the biggest move to the downside since june 20. down about 1.5% right now. back on june 20 the dow dropped over 2%, this is the biggest moving percentage terms since that time. yo
contributor. what do you make of this? >> president obama was running a company, a business that provided goods and services he would be sued for false advertising because he has misled the american people. connell: people will be covered elsewhere. >> the other point is you can keep your current insurance. that is the thing. we are talking 15,000 spouses, family members who have to seek health insurance elsewhere so obama sold the affordable care act on the fact that it will be cheaper and you can keep your insurance when in fact americans have been misled. connell: people were expecting to keep their own insurance and in this case spouses who have jobs themselves need to go to another potentially another insurance company and go through there a player. would you think of it? >> the reporting on this is ups repeatedly cited obamacare as the reason for this but it is not clear why obamacare would have caused this especially because they said it is only for spouses who condemn their coverage elsewhere which means if they have a job where they have coverage under their employer that they ca
of syria, and prepared to strike once president obama gives the okay. and we expect to learn more from u.s. intelligence experts as early as today. they're set to release the report laying out the evidence of last week's reported chemical attack in a suburb of the capital city damascus. some news agencies reported that more than 100 people died there. others said it was more than a thousand. this afternoon, a state department spokeswoman said any claim that the rebels launched the attack defies logic. >> it's undeniable that chemical weapons were used here on a large scale know. the regime maintains custody of the weapons and uses these rockets and well know the opposition does not have the capability. >> of course, the syrian regime has blamed the opposition. also, therer is no evidence to support that, and though today syria's foreign minister vowed his nation would defend itself using all means available. jonathan hunt will have more on that in a moment. first, jennifer griffin is live at the pentagon, and, jen, what are you learning about this potential military strike? >> well, trac
, and the obama administration saying it is ready to act in syria if needed. secretary jack lew on squawk saying moments ago the president will not negotiate over the debt ceiling. >>> good news for tiffany, and luxury, in that it was boosted by sales in china. >>> and the end of the era, bill ackman is bailing on jcpenney, and they are looki in ing to ses shares. >> and we will look at the new home sales to be released. >>> treasury secretary jack lew telling our own john harwood that the president will not e negotiate over the debt limit which could be reached in mid-octob mid-october. take a listen. >> we won't be negotiating over the debt ceiling and congress has authorized funding and committed to expenditures and now the question is do we pay the bills that the united states has incurred. it is the only way for that to do is for congress the act and act quickly. what we need in the economy is certainlity, and we don't need a self-inflicted wound or crisis at the last minute. congress should come back, and they should act. >> jim, they say when it rains, it pours and government is part of t
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